IMARISHA SACCO BAGS 5 TOP AWARDS

Imarisha Sacco bagged 5 top awards during celebrations to mark 96^th international cooperatives day held at Kericho Primary school on Friday. The Sacco was ranked number one in the county under the following categories; Growth in income, Risk management,  growth in loans, innovative products, and expenditure income ratio. 

 The Sacco board of directors’ vice chairman Mr. David Langat who attended the event lauded the Sacco for its good performance and assured members that better results will be achieved this year.

Growth in loans trophy.

The theme of this year’s International Day of Cooperatives (IDC) is “Sustainable consumption and production”, creating an opportunity for cooperatives to show how they run successful businesses while respecting our natural environment

The slogan of the Day “Sustainable societies through cooperation” was selected by cooperators from around the world. Through the products and services it offers,  it is very encouraging to note that Kenya's cooperative sector has grown in leaps and bounds, recording remarkable achievements in economic growth and improving people's standards of living.

Imarisha Sacco is keen on championing the IDC aims that of increasing awareness on co-operatives and promoting the movement's successes and ideals of international solidarity, economic efficiency, equality, and world peace. 

Growth in membership trophy.

 The Sacco CEO Mr. Mathew Rotich who was present during the event called on the cooperators to strengthen and extend partnerships between the international co-operative movement and other players, including governments, at local, national and international levels. 

Currently the Sacco is running a Diaspora campaign dubbed Imarisha nyumbani,” the strength of Sacco and the cooperative movement is in its members. We are going an extra mile to woo Kenyans living abroad to open an account with us, invest and we shall assist them to manage their property through the asset finance product”. Mr.Rotich concluded.

Imarisha Sacco secured second position in other categories. The categories included; low default rate, growth in membership, coverage and payment of interest on deposit.’

In other categories Imarisha Sacco secured third position, these categories includes; best in Gender balance and loan deposit ratio.

 The International Co-operative Day / International Day of Co-operatives is celebrated on the first Saturday of July every year.

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